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Wire Fraud Alert

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Realtors®, Real Estate Brokers, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email.

A hacker will break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email will contain new wiring instructions or routing information, and will request that the Buyer send funds accordingly.

>> Learn how to be WireSafe

Local Real Estate Trends

Discover What's New and Interesting in Our Backyard
Local CRE Trends

The Golden State of California is the most populous and third largest state in the United States. It is home to over 39 million residents, with the two major cities of Los Angeles and San Diego, and eight metropolitan areas, this region stretches from San Luis Obispo County to the U.S.-Mexican border, and from the Pacific Ocean to the Nevada-Arizona border. A major hub for entertainment, big business and tourism, California features some of the most highly coveted coastal homes and dynamic properties in the world.

California is also home to Chicago Title Santa Barbara, one of Fidelity National Financial's most dynamic title brands and real estate teams. Chicago Title Santa Barbara serves the residential real estate industry in California. Our offices are strategically located throughout Santa Barbara County, and includes teams that live and work in 5 offices located in: Santa Barbara, Montecito and Solvang. Our California-based professionals work in all facets of the real estate industry, providing best-in-class real estate services to buyers and sellers in the area, as well as the real estate professionals, lenders, builders and attorneys that work alongside them.

Discover what’s new and interesting in our backyard in the latest real estate news provided courtesy of the news desk.

The Latest Articles From the FNF Newsdesk:

Best 6-month CD rates – July 2022
For many savers, a six-month certificate of deposit is the sweet spot, allowing them to tuck away money long enough to earn a higher rate while still providing a shorter withdrawal horizon than CDs... Co-Founders List Their Stylish 1960s Los Angeles Home For $42 Million
pm EDT| It was in 1987 when husband-and-wife duo Tom and Ruth Chapman founded MatchesFashion. Back then, however, it was a friendly neighborhood store in the posh London suburb of Wimbledon. Their...

While For-Sale Demand Weakens, SFR Stays Optimistic
Millions can’t afford current prices combined with mortgage rates, but they have to live somewhere. The essential story of home...

Prestwick puts $1.6B in mortgage servicing rights up for bid
A $1.6 billion portfolio of servicing rights with some unusual geographic concentrations and a nearly 2.63% delinquency rate went up for bid Tuesday, according to Prestwick Mortgage Group. As of May...

How to choose the best home insurance company
Existing home sales reached a 15-year high in 2021, which means that there are a lot of new homeowners across the nation. But while the home market has been on fire over the last couple of years,...

It’s Easy To Blame Private Equity For Housing Shortage, But Crisis Has Deeper Roots
pm EDT| The U.S. is in the midst of a housing supply crisis, with rents skyrocketing and the number of first-time homebuyers who can qualify for a mortgage on even a starter home shrinking. Who is...

Buying a house in San Diego
If you’ve been thinking about buying a house in San Diego, kudos on your choice of location: The city landed on Bankrate’s list of best places to live in California in 2022. However, planting roots...

Stocks Are In A Bear Market, Is A Housing Crash To Follow?
pm EDT| Key takeaways Data from the National Association of Realtors shows that home prices are up 37% since March 2020 Meanwhile, total home sales are down 8.6% year-over-year and 3.4%...

U.S. home-price growth decelerates for first time since 2021
Home-price growth in the U.S. started to slow in April. A national measure of prices climbed 20.4%, down from the 20.6% gain in March, the S&P CoreLogic Case-Shiller index showed Tuesday. Craig...

Home Prices Finally Cooling Off? Market Slows In April But Demand Remains High Despite Rising Mortgage Rates
am EDT| Topline Home prices, which have been shooting up since last year, grew at a slower pace in April, showing signs of a potential cool down in the red-hot housing market, according to new data...